During the 9M 2018 operating profit increased by 51% to mUSD 15.2 from mUSD 10.1. At the same time EBITDA amounted to mUSD 17.3 resulting in the EBITDA margin of 18% (9M 2017: mUSD 12.2 and 20% respectively). Over the reporting period cash flows from the Group’s operating activities equaled to mUSD 23.4 (9M 2017: mUSD 11.8).

Net profit

Over the 9M 2018 the Company’s net profit reached mUSD 13.8 which by 74% exceeds the result for the previous year (9M 2017: mUSD 8.0).

The Group’s CEO Borys Bielikov noted:

“Management of the Company is in general satisfied with the financial results of the Company for the nine months of 2018. The dynamics of prices for shell eggs and egg products, as well as for the feed ingredients, give grounds to expect sound results by the end of the year.”